We haven’t heard much from Jim Cramer since his public humiliation onThe Daily Showa while back. There was a time when the stock market expert waseverywhere; movies, talk shows, evenArrested Development.
He may be lower profile now, but the guy still knows how to get me interested though. When asked about Activision Blizzard stock, Cramer recently had this to say — “That whole gaming business is a sell. I don’t like the structural changes going on in that business. I no longer like Electronic Arts either.“
Whoa, sell Activision stock? Right beforeCall of Duty Black Opscomes out? Ah heck, what do I know? Maybe he’s right. The deeper I get into the gaming industry, the more I see how much money publishers tend to waste on PR stunts and expensive parties. I don’t know about “structural changes”, but I definitely know unaccountability and excess when I see it.
‘Mad Money Lightening Round’: Down on Activision Blizzard[TheStreet]
